Standard Chartered PLC (OTCMKTS:SCBFF) Receives Consensus Rating of “Hold” from Analysts

Shares of Standard Chartered PLC (OTCMKTS:SCBFF) have earned an average rating of “Hold” from the eight research firms that are currently covering the company, MarketBeat Ratings reports. Four research analysts have rated the stock with a sell recommendation, two have assigned a hold recommendation and two have given a buy recommendation to the company.

Several equities research analysts have recently issued reports on SCBFF shares. Investec reissued a “sell” rating on shares of Standard Chartered in a research note on Thursday, June 27th. ValuEngine raised shares of Standard Chartered from a “sell” rating to a “hold” rating in a research note on Wednesday, May 1st. HSBC reissued a “reduce” rating on shares of Standard Chartered in a research note on Wednesday, May 1st. Zacks Investment Research lowered shares of Standard Chartered from a “hold” rating to a “sell” rating in a research note on Wednesday, August 7th. Finally, Societe Generale raised shares of Standard Chartered from a “hold” rating to a “buy” rating in a research note on Tuesday, July 2nd.

Shares of SCBFF stock traded up $0.13 during mid-day trading on Friday, hitting $7.45. 1,816 shares of the stock were exchanged, compared to its average volume of 13,972. The firm has a fifty day moving average of $8.55 and a 200 day moving average of $8.46. Standard Chartered has a 52-week low of $6.64 and a 52-week high of $9.55. The company has a market cap of $24.17 billion, a PE ratio of 12.20 and a beta of 1.32.



About Standard Chartered

Standard Chartered PLC., together with its subsidiaries, provides various banking products and services primarily in Asia, Africa, and the Middle East. The company operates through Corporate & Institutional Banking, Retail banking, Commercial Banking, and Private Banking segments. It offers retail products, such as deposits, savings, mortgages, credit cards, and personal loans; wealth management that include investments, portfolio management, insurance and advices, and planning services; and transaction banking services, such as cash management, payments and transactions, securities services, and trade financing products.

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Analyst Recommendations for Standard Chartered (OTCMKTS:SCBFF)

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